Analysts fear the market is hooked on Fed support

Financial Times/Colby Smith/1-30-2020

USAGOLD note:  Many will agree with FT’s selection of the verb “hooked” in describing the financial market’s relationship to the central bank’s monetary policy.  While the markets are “hooked,” the Fed, as TD Securities’ Priya Misra points in this article, is “a little trapped.”  That begs the question: Where do we go from here?